For example AAPL/FB continued to display positive EV patterns.
We can also see below that both sections of the S&P500 display a positive MF,
but so is the case for both the NQ8 stocks and the small caps.
XME (Base metals miners and steel companies) and XLB (Chemicals) continued displaying strong accumulation.
The 'number-of-days-until-a-short-signal' indicator continues to increase. This indicates that we are moving further away from a short signal.
The whole move is probably still connected to the slightly weakening 10Y rates.
Conclusions:
Although August/September carry a slightly bearish seasonality, the money flow does not signal that we should short this market or even move out of long positions.
The list of trade ideas are below. Mostly long ideas.
